Latest Mineral Exploration And Development News

Axel REE Limited reveals a substantial inferred resource at its Caladão Project, advancing plans for in situ recovery trial mining in 2026 to produce rare earth and gallium products. The company’s low-cost, environmentally conscious approach positions it well within Brazil’s Lithium Valley mining hub.

Riedel Resources Limited has announced a 1 for 2 non-renounceable entitlement offer at $0.025 per share, aiming to raise approximately $1.78 million to fund exploration and working capital. The offer closes on 15 December 2025 and is open to eligible shareholders.

EnergyX’s share price hike to US$11 signals renewed investor confidence and a lithium market rebound, increasing Pantera Lithium’s holding value by A$5.4 million.

McLaren Minerals Limited has announced a fully underwritten non-renounceable pro-rata entitlement offer to raise approximately $3.6 million, issuing new shares at 1.8 cents each with free-attaching options. The capital raise aims to fund exploration and development activities as the company advances its mining projects.

Mont Royal Resources Ltd has lodged a replacement prospectus to raise between A$8 million and A$10 million, supporting its merger with Commerce Resources Corp and advancing critical minerals projects in Quebec, Canada.

Dome Gold Mines has successfully closed its Share Purchase Plan, raising $366,000 to support ongoing exploration and development in Fiji. The company is advancing key projects including the Sigatoka mineral sands and Ono Island gold ventures.

EV Resources has confirmed a $1 million follow-on investment from Tribeca Investment Partners, reinforcing confidence in its antimony projects amid rising global demand for critical minerals.

My Foodie Box Limited is set to pivot from meal kits to mining by acquiring Australian gold, copper, and rare earth projects, renaming itself Tarrina Resources, and relisting on the ASX with a $5 million capital raise.

Everest Metals Corporation reveals significant progress in its gold projects and leads the development of Australia’s first rubidium industry, positioning itself at the forefront of critical minerals innovation.

Hot Chili Limited has announced a non-renounceable entitlement offer aiming to raise approximately A$14 million to advance its strategic partnering efforts and drilling programs. Eligible shareholders can subscribe for new shares at 60 cents each, with funds earmarked for exploration and corporate purposes.

Power Minerals Limited has launched a new options offer linked to a recent $1.3 million placement, alongside updates on key project acquisitions and divestments. The prospectus outlines significant risks and strategic directions as the company navigates growth and financial challenges.

Matsa Resources has received a significant A$5 million option fee from AngloGold Ashanti, marking a key milestone in their Lake Carey Gold Project partnership. This payment underlines the progressing $101 million deal between the two mining companies.